20 Bolívares

The Banco de Maracaibo was a regional institution based in Venezuela's second city, operating in an era when the country's banking sector was fragmented among competing state-chartered and regional banks, each issuing their own paper. The American Bank Note Company handled a significant share of Latin American private bank printing in this period, and the quality differential between ABNC-printed notes and locally produced alternatives was stark enough that it actually influenced public acceptance.

Pick 195 is among the scarcer pieces from this issuer. The Banco de Maracaibo's charter was revoked during Venezuela's late-19th-century banking consolidations, cutting short the circulation life of the series.